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Author Topic: I've got $20k to invest. Please recommend!  (Read 78293 times)
Skylineman (OP)
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March 18, 2016, 08:24:14 AM
 #1

Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell
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March 18, 2016, 08:26:13 AM
 #2

Mining isn't really that profitable anymore (depends on the electricity cost) , however Bitcoin it self is considered as long term investment so what I would suggest is buying bitcoins and HODL them then you simply sell them when you feel like the price fits you . (Note that the halving block reward is in July , so you may want to take your decision fast before the price rise) .

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Skylineman (OP)
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March 18, 2016, 08:30:22 AM
 #3

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!
amansri
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March 18, 2016, 08:32:08 AM
 #4

Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell



i suggest better u invest in gamble sites...stake the clam on justdice.com or bitdice.com   the fiture of this coin for the long term,,,the market price is will going up and u will have a good fiture for that.
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March 18, 2016, 08:32:50 AM
 #5

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!

Ethereum price suffers of a strong change in a price.... and I think it can be a really coins that could compete against btc.
No I think invest in ETH, is not actually the best choice.
With this value you can invest in some site... betting casino or similar.... you can run a good business!!!
OmegaStarScream
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March 18, 2016, 08:33:05 AM
 #6

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!

It's even worst , most of the cloud mining services out there turned out to be a scam after sometime so it's not really recommended to use them.
I wouldn't recommend ETHER as-well , probably Bitcoin is the best choice for you . In the last couple of days ETHER dropped with like 200 million $ in Marketcap (from 1billion to 800 million) as you can see here : https://coinmarketcap.com/ , So in my opinion the market manipulation is real.

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Alaki
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March 18, 2016, 08:37:31 AM
 #7

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!
Cloud mining? Duh, I'd entreat you to read this -> https://bitcointalk.org/index.php?topic=878387.0 . BTW, I'd say(suggest) you to 've forbearance & you'll definitely come up with (big) profits (through trading).
ivanst776
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March 18, 2016, 08:44:20 AM
 #8

Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.
khalized
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March 18, 2016, 09:14:44 AM
 #9

Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.

and there is also another problems as stated in mining speculation section....
The growth "exponential" of hashing power!
You can estimate by now up to 2/3 months.... Sad and even with free electricity you can't stay safe enough Sad
Pollak
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March 18, 2016, 09:35:18 AM
 #10

Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.

and there is also another problems as stated in mining speculation section....
The growth "exponential" of hashing power!
You can estimate by now up to 2/3 months.... Sad and even with free electricity you can't stay safe enough Sad
Of course it will be very very risky. But you never know what will happen later with the value so you can just invest not everything.
Just a bit. Because there is also a chance that the value can be down and that wont be good.

Xialla
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March 18, 2016, 09:45:41 AM
 #11

to get like 10-15% per year, I'd need something way more good.

oh really? you want to tell me, that 15% guarantee profit by bank is not enough for you?Smiley bitch please..
1Referee
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March 18, 2016, 10:04:37 AM
 #12

Well, if my bank was offering me 10-15% annual interest rates, then I wouldn't even think about putting my money elsewhere. Buy Bitcoin and hold the coins in your wallet safely. Stay away from any kind of mining thing. It's not profitable anymore for people with a small budget. Also, don't dive into altcoins.
Herbert2020
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March 18, 2016, 10:05:55 AM
 #13

with $20 you can enter altcoin market by starting to trade.
but you need some knowledge and experience to be successful. but don't worry it is not that hard, it only takes time to learn.

p.s. forget about cloud mining. it is waste of time, and you will get scammed most probably.

to get like 10-15% per year, I'd need something way more good.

oh really? you want to tell me, that 15% guarantee profit by bank is not enough for you?Smiley bitch please..

it is the inflation, and it depends on the country you are living in. in some countries even 21% annual profit is not enough (and i say this from experience!)

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
HeroCat
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March 18, 2016, 03:46:52 PM
 #14

You can invest in funds, where you can get out profit each month, so you can have cash for living. Or you can invest and then monthly profit also invest on auto mode.  Wink
Skylineman (OP)
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March 18, 2016, 03:50:33 PM
 #15

You can invest in funds, where you can get out profit each month, so you can have cash for living. Or you can invest and then monthly profit also invest on auto mode.  Wink

Okay, but invest to what?

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!

It's even worst , most of the cloud mining services out there turned out to be a scam after sometime so it's not really recommended to use them.
I wouldn't recommend ETHER as-well , probably Bitcoin is the best choice for you . In the last couple of days ETHER dropped with like 200 million $ in Marketcap (from 1billion to 800 million) as you can see here : https://coinmarketcap.com/ , So in my opinion the market manipulation is real.

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!

Ethereum price suffers of a strong change in a price.... and I think it can be a really coins that could compete against btc.
No I think invest in ETH, is not actually the best choice.
With this value you can invest in some site... betting casino or similar.... you can run a good business!!!

Thanks a lot for info about Ether. You'd recommend to try to run an own one, or just to invest into a current, ongoing one?

By mining, I was thinking about cloud mining.
How about Ether?

Thanks in advance!
Cloud mining? Duh, I'd entreat you to read this -> https://bitcointalk.org/index.php?topic=878387.0 . BTW, I'd say(suggest) you to 've forbearance & you'll definitely come up with (big) profits (through trading).

Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.

and there is also another problems as stated in mining speculation section....
The growth "exponential" of hashing power!
You can estimate by now up to 2/3 months.... Sad and even with free electricity you can't stay safe enough Sad
Of course it will be very very risky. But you never know what will happen later with the value so you can just invest not everything.
Just a bit. Because there is also a chance that the value can be down and that wont be good.

Thanks a lot for this, I've dropped the idea...
lolgato1
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March 18, 2016, 04:40:01 PM
 #16

I would invest small portions into multiple things. Like I would invest 2k in gambling site another 2k into trading or more if you feel like to.


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NeuroticFish
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March 18, 2016, 04:44:38 PM
 #17

Hey folks,

I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?

Investors, please get me some cool ideas.

Thanks in advance,
Marcell

The only better way I can see for this is Lending. But it will eat up quite some of your time. On the other hand, there's even a chance to make a living off that.

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BitcoinHodler
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March 18, 2016, 04:49:53 PM
 #18

whatever you want to do with that much money depends on what kind of experience you have. if you have done something prior to this you would be more successful to start a new thing from scratch.

but i think with that amount if you can create a good casino it is going to be profitable for you. you can hire developers and consult more people about it but if you can create a competing casino with interesting feature and do appropriate advertising you can reach a good level of profitability.

Holding Bitcoin More Every Day
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March 18, 2016, 08:17:10 PM
 #19

Best way to invest if you have the time is to just do cloud mining and earn returns on your investment that way. It will help if it's a very trusted site, that will just ensure that you will get the return and not get scammed.

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March 18, 2016, 10:15:25 PM
 #20

Its nice that you have 20k to invest because its a large number and you can make big profit with it for sure.
I think just investing in the bitcoin and holding bitcoins in a cold storage is easy and you will make profit for sure.
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